Why do European car companies seem so reluctant to expand in the U.S.?
In this July 20, 2019, file photo, a Nissan LEAF is displayed at the Nissan dealers in New York.
The company says it plans to start making new LEAF models in the United States, but is keeping its focus on its European car lines.
The European automakers are struggling to keep up with a global market for electric vehicles, as consumers in the countries where they make the vehicles increasingly choose to buy gasoline-powered vehicles instead of electric vehicles.
(AP Photo/Mary Altaffer, File)The auto industry is grappling with the growing popularity of electric cars as well as the threat posed by climate change and pollution, as automakers like Ford, GM and Tesla struggle to grow in the American market.
Nissan is now considering a major expansion of its North American manufacturing plant in Michigan.
It is expected to create about 10,000 jobs at the plant, which has been producing electric vehicles for more than a decade.
The automaker is not the only automaker to face growing pressure to expand, as some of the world’s biggest automakers are looking to expand.
The German carmaker, Volkswagen AG, plans to invest $10 billion in a plant in Chattanooga, Tennessee.
That would bring its total investments in the state-of-the-art facility to more than $20 billion.
The plan comes after a series of major investments by the company.
In a statement, Volkswagen said the plant would be able to produce up to 7 million cars annually.
VW plans to build a second plant in the South American nation of Colombia, which is expected next year.
Volkswagen said that it has received “significant and positive feedback” from the project and that the company will continue to look for opportunities to expand its production facilities in the future.
Tesla has announced plans to expand production in China.
The U.K.-based electric carmaker plans to double its factory capacity in Shenzhen, China, which will make Model 3 electric cars.
The automaker said it plans a $2.2 billion investment at the factory.
The plant will be the largest in the world, with more than 15,000 workers.